🟢 MU is trading 5.61% up today as AI sector concerns ease following Nvidia-Meta deal

MU is trading at $422.20 (+5.61%) as the semiconductor sector rallies following a major AI chip deal between Nvidia and Meta that eased broader market concerns.

• The stock's sharp rebound follows a 2.89% decline yesterday, supported by a 1.20% rise in the Nasdaq and easing geopolitical tensions regarding U.S.-Iran nuclear negotiations.
• Micron's fundamentals remain robust, with Q1 FY2026 revenues climbing 57% year-over-year to $13.64 billion and non-GAAP EPS surging 167% to $4.78.
• The broader market recovery is further aided by stabilizing crude oil prices and reduced volatility as international diplomatic progress continues to move forward.